Wal-Mart Supports Wage Raise,
But Won't Lobby for an Increase

DALLAS -- Wal-Mart Stores Inc. responded to critics on Wednesday by reiterating that it supports raising the federal minimum wage but clarifying that it did not commit to lobbying for an increase.

"In October, I said that the federal minimum wage of $5.15 was out of date with the times," Wal-Mart Chief Executive Officer Lee Scott said in a statement distributed by the retailer. "I still believe that today."